The SecuX V20 is the company’s flagship hardware wallet product. SecuX was founded in 2018, making it a relative newcomer. The device connects to the host via USB or Bluetooth, has a sizable touch screen color display, and a battery to operate off-line or when disconnected. Infineon secure element chip with CC EAL5+ certification is promoted. While bulky in comparison to other wallets, it has a pleasingly retro appearance that resembles an oversized coaster or a flattened hockey puck.
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What Is The Secux V20
Only the SecuX V20 device has a distinctive form factor and an octagon design that is both svelte and robust. Bluetooth is used to connect this device! It can be fully functionally controlled by the SecuX app for iOS and Android because it supports wireless. It also has a USB cable, making it possible to manage it online with a web wallet, which is why it’s referred to as a “Cross-Platform” device.
The distinctive and notable coins that are natively supported on these devices are Ripple (XRP) and Groestlcoin (GRS). There aren’t many hardware wallets that natively support these coins, but almost all of them support a variety of ERC-20 tokens in addition to popular coins like BTC and ETH.
What’s In The Box?
In the SecuX V20 wallet box, you will get;
- 1 SecuX V20 hardware wallet
- 1 black pouch
- 1 type-C USB cable for wired connectivity
- 2 recovery sheets to jot down your recovery phrase
- 1 user manual AKA start guide
Pros & Cons Of Secux V20
Pros
- 2.8″ color touchscreen
- Bluetooth capability with encryption
- Improved display
- Device must be connected for all operations
- Multi-signature and Passphrase Support
- Device times out after a period of inactivity
Cons
- Higher price point
- Plain UI
How Does Secux V20 Work
Similar to how an air-gapped computer functions, so does the SecuX V20. The private keys (which grant you access to the coins on the blockchain) are kept in a chip that is never connected to the internet. When sending transactions to the device, you sign them using the SecuX V20. Thus, you can be sure that no malware or ransomware will have access to your keys.
Your Windows, Mac, iOS, and Android devices can connect to the V20 via USB or Bluetooth. Bitcoin, Ethereum, XRP, Ripple, Litecoin, Bitcoin Cash, Digibyte, Dash, Binance, Dogecoin, GRS, Stellar Lumens, and more than 1,000 ERC-20 tokens are supported by the dedicated SecuX mobile app. You can use it easily, avoid mistakes, and protect your assets thanks to the streamlined, simple interface. Easy charging and computer connection are made possible by USB-C technology.
The SecuX hardware wallet’s 2.8″ full-color touch screen, which includes an on-screen keyboard and address verification to protect you from malware that might try to divert your funds, makes it simple to interact with. To send and receive coins and tokens, you pair it with your phone or other Bluetooth gadgets. Bluetooth is only used to send signed transactions to the blockchain; your keys never leave your device.
Secux V20 Features & Price
This USB-connected device, which has a starting price of $149, can be fully managed through a web application. You can manage and approve transactions using a 2.8 inch color touch screen.
The device’s “Cross-Platform Support,” which allows it to be managed via desktop, laptop, and mobile, is shown in the picture below as one of its key features. Since the Secux W20 has Bluetooth capability, it can also conduct transactions through the mobile app, as I already mentioned.
How To Set Up Secux V20
Both a standard wallet and a hidden wallet can be set up, and the standard wallet can serve as a decoy if you ever find yourself in a situation where you are required to reveal your private key.
I had a lot of choices for how to write my 24 words down after creating my wallets. In this case, I was also sent the XSEED protection options, which include the cardboard option, which should be written on with a pencil to prevent fading, and the stainless steel and aluminum seed protect, which offers protection in case of fire and water damage.
How To Connect Secux V20 To Your Computer
There are two ways to connect your wallet with your computer – via USB or BlueTooth
Via USB: Be sure to turn off your Bluetooth before using a USB to connect to your computer. Ensure that one of the following operating systems is installed on your computer as well:
- Mac OS 10.13.6
- Windows 10+
- Linux
- Chrome OS
Verify that Chrome V.71+ is the latest version of your browser.
Do you have that completed? Let’s go over what you’ll do after that:
- Connect your SecuX v20 to your computer using the USB port
- Click here to access the SecuXess web application
- Click on USB
- Locate and click on your device’s name
- You are connected!
It wasn’t that difficult, was it? Let me show you how to connect via BlueTooth
Via BlueTooth: The prerequisites for a Bluetooth connection to your computer are the same as those for a USB one. If your computer meets the requirements, then take these actions:
- Unlock the wallet with your PIN
- Click on the BlueTooth icon from the settings
- Make sure that Bluetooth is enabled on your computer
- Using a web browser, go to SecuXess (Google Chrome currently is the only supported browser)
- On the SecuXess website, click on Bluetooth
- Connect by clicking the device name.
- You are connected!
Security Of Secux V20
The SecuX wallet’s (or any other hardware wallet, for that matter) main selling point is this. The SecuX v20 wallet has three security features that make it a strong competitor in the hardware wallet market, which we will now examine:
- CC EAL5+ secure element: That seems to be some sort of technical jargon. Would knowing that Mastercard and Visa use this secure element for their credit and debit cards help? Right, it makes more sense now.
EAL is an abbreviation for Evaluation Assurance Level. The highest EAL level, EAL7, is the most quality-assured of the seven. EAL5+ offers the best protection against threats of penetration, though, in terms of cryptographic security. A German company produced this chip.
- PIN CODE: You need to dial this number in order to access and use your SecuX wallet. Any security setup always includes PIN codes. However, the SecuX v20 adds another layer of protection by ensuring that the wallet is wiped after entering the incorrect pin for the fifth time
- PASSPHRASE: Another distinctive element of the SecuX v20 wallet, this is also referred to as the “25th word.” I’ll go over another SecuX concept now to better explain what the passphrase does: The hidden wallet:
The hidden wallet is a second wallet that you can use to store the majority of your digital assets, as the name suggests. As a result, even if your main wallet is attacked, the majority of your digital assets will be safely stored in the hidden wallet, protecting you from losing them.
For installing and recovering the hidden wallet, you need a special passphrase in addition to the 24 word recovery phrase. It requires a PIN code (different from the one you use for the primary account) for access and operation when used regularly.
What Occurs If I Misplace My Secux V20?
There is probably nothing to worry about if you misplace your SecuX V20. You received a 24 word seed phrase when you configured your SecuX V20. This enables you to recover your wallet in the event that you misplace, lose, or have your V20 damaged or stolen. If your SecuX V20 is found, it’s unlikely that anyone can access your coins unless they are very skilled and have plenty of time before you move your coins to a new wallet.
Conclusion
Strong and extremely secure, the SecuX V20 is a wallet. Only the Ledger Nano X, a bluetooth and wireless crypto wallet that uses the same security chip, is comparable in terms of price, features, and capabilities.
It’s crucial to remember, though, that a lot of these issues can be resolved with the right attention.
Users should be aware of the warnings listed above and make sure they can get their money back if they lose their wallet.